You're facing conflicting views on technical analysis methods. How do you navigate through them efficiently?

Initially, just stick to the basic TA methods like resistance, support, chart/candlestick patterns, moving averages, and RSI. They should tell you a story of what's happening. But if there are conflicting views, then try to look for bullish/bearish divergences on indicators like RSI and OBV. If there are still conflicting views, consider using more methods like VRVP. Please remember that you're better off trading with the trend than against it. Also, take into account the broader market sentiment (whether greed or fear).

Always watch what the price is doing, the price and volume are what move the asset price up or down. Price movement like Higher High/Higher Low, or vice versa, Lower Low/Lower High, if learned properly, could be the only thing you need to understand movements on the market. Besides that, tools that give a great understanding of market movements are Moving Averages, Fib levels, and Ichimoku if you just wish to know the overall trend of the market. When you have conflicting views on your TA tools, just look at the naked chart, concentrate on movements, and try to determine whether the price is rising or falling, or stalling of course.

Conflicting views, in my opinion, come when someone does not have enough research or knowledge on his/her technical analysis method. One must have his own set of rules, backed with proper backtesting( without looking at the entire chart rather than testing on a replay method) and practise in the live market unless the method is giving enough accuracy to grow the capital. Once the analysis method is set, including calculated risk/reward, anything conflicting with the rules must either be ignored, or in case it is intuitive then any further trade action shall be taken with the fixed point of exit in case of any counter reversals of decision taken. But for the record, not to proceed in contradiction of the set rules.

To efficiently navigate through conflicting views on technical analysis methods, follow these steps: 1. Backtest each method: Test each method on historical data across various market conditions, including: > Bullish months > Bearish months > Low Volatility months > Choppy months 2. Evaluate productivity: Assess the performance and productivity of each method or trading strategy in different market scenarios. 2. Optimize parameters: Refine and adjust the parameters of each method based on the backtesting results to maximize its effectiveness.

When trading you have to remember that for you to buy someone is selling. There just as many ways of trading as there are traders. When facing a conflict between multiple options I have found it help to choose the one that is aligned with the higher time frame.

One thing that has always been there in trading is self-doubt. • What if my setup doesn’t work? • What if I have exited/entered at the wrong point? • What if the price starts moving in the opposite direction? It’s easy to write but very difficult to follow. Don’t believe your results until and unless you’ve tested one specific setup 50-60 times. Calculate your strategy hit-rate. It has always been a game of probabilities and not possibilities. So focus on maths and numbers and not mood and feelings. Conflict is always there when you do something new :)

In my opinion, the most important aspect is the 'evolving market.' A technical analyst must determine which methods can currently predict market movements. The market has a soul and personality, and if you ignore it, your win rate will drastically fall. When many analysts use the same method, the market will change its behavior, so it is crucial to stay updated and utilize new methods

It is always beneficial to use historical data for reference points, you can use these data points for setting price targets when the trend is known. Expect the market to behave irrationaly near All Time Highs and All Time Lows longer than the usual period.

Use several methods and models that suit the data characteristics, then compare their performance using RMSE, MAE, MAPE, or other approaches.

"To create a robust and accurate valuation model, it is crucial to shift our focus from broad market trends to the specific areas that have caused the most pain to investors. By deeply analyzing these pain points, we can develop models that mitigate investment risks and generate superior returns."

One point to be added is a mistake many traders make. When we analyse and decide to trade, we forget one major point in calculating the risk, i.e., the time frame used for the analysis. We decide to trade on another time frame, let's say daily chart, and we enter the trade on different time frames, let's say 1 hour. But the mistake is that the risk or in other words, the stop loss which is placed is based on a 1-hour time frame rather than a daily timeframe. The analysis and the risk management shall be decided in the same time frame, which will save a trader from being hit and run by mishaps of the prices.

Time period is also important. A trend might be bullish in a daily framework but bearish in a weekly. Understanding daily and weekly support and resistance zones adds context to where we are within the trend. Once this context is understood then the use of RSI or MACD becomes more powerful. You can then use EWT making counts more useful. In any case when using EWT try to do so without any pre-conceived bias. Look for at least two alternate counts and understand at which level either of them is wrong or confirmed

O primeiro passo para gerenciar riscos de forma eficaz é entender nossa própria tolerância ao risco. Com base nisso as estratégias utilizadas podem fazer toda a diferença para alcançar os objetivos esperados em nossas negociações.

À mon humble avis, la gestion de risques reste la pierre angulaire de toute stratégie d'intervention sur les marchés. Aucune méthode n'est infaillible !

Risk management is the fundamental rule in trading and portfolio management. If you ignore it, you will find yourself in a situation where you are faced with an enemy with no weapon, making you vulnerable at any time. If a trader wants to make a profit, the basic rule is to stay alive in the market. Therefore, it is crucial that, as a first step, a trader should analyze their risk tolerance based on their total assets and their strategy's win rate.

Good teamwork will drastically improve your efficiency in the market, but it is very important to choose the right team members. If you can compensate for each other's weaknesses, you will be on the right path, and your mistakes can be minimized. However, you should be careful because each trader has their own risk tolerance and personal limitations. Therefore, you should be mindful when choosing the right people to collaborate with and ultimately make your own decisions based on your own risk management.

Be aware of Stock Bookie's advice. Healthy discussions with peer traders and learning from academic journals help us widen our perspectives.

Peer review is an invaluable tool for refining your trading approach. By engaging with other traders, you gain exposure to diverse perspectives, strategies, and experiences. Successful traders can offer invaluable insights into the effectiveness of specific technical analysis methods.

Continuous learning is essential for personal and professional growth, especially in a rapidly changing world .It is not only limited for any particular project. We should learn new things as possible to find solutions and stay updated with different technologies.

Sollte ein fester Bestandteil eines Arbeitstages sein. 15-30 Minuten wichtige Infoquellen anschauen und eine Wissensdatenbank (z.B. OneNote) führen ist das wichtigste, um in entscheidenden Momenten auf abgelegtes Wissen zugreifen zu können.

O teste de estratégia é fundamental para assegurar a eficácia das diretrizes empresariais. Antes de uma implementação em larga escala, é crucial testar a estratégia em um ambiente controlado para identificar falhas e ajustar os planos. Esse processo ajuda a validar hipóteses, ajustar recursos e compreender as reações do mercado, reduzindo riscos e aumentando a eficácia. Testar estratégias permite uma tomada de decisão mais informada e alinhada com os objetivos da organização. Com isso, a empresa pode enfrentar desafios e aproveitar oportunidades de maneira mais segura, promovendo um caminho mais sólido para o sucesso a longo prazo.

For a comprehensive technical trading system to be effective, I believe one has to have a base indicator, which is supported by other confirming indicators. If there’s conflicting signals from the confirming indicators, then: 1. Do not enter into a new position and wait for the confirming indicators to align, or; 2. Put on lesser risk position on the direction of your base indicator. It’s how one manages one’s risk position that makes the money, and not how “right” one is on reading the signals.

One thing that can help a lot is stay away from the chart wait for next day. Everyday is a trading day, no setup no trade. Another thing that can help is trade different pairs 2-4 pairs to avoid stagnation

If you have some fundamental views in this field, they can help you choose the most appropriate paths in a dilemma. In my opinion, it is not enough to rely solely on fundamental analysis; rather, you should use it alongside other tools to improve your efficiency. For instance, if you believe the market should go up, but the fundamentals do not support this idea, you can wait and refrain from trading that position. Conversely, if both analyses align, you can proceed with the trade.

To figure it all out, I find these three things help a lot: 1. Spend lots of time watching the market: The more you look at price changes, the better you'll understand how things work. 2. Analyze order flow: Understanding what the big players are up to can give you a big advantage. 3. Pay attention to market sentiment: Knowing how people feel about the market can help you spot potential turning points.